Disney has been mulling the idea of a third Tron movie, and now they're mulling the idea of one with Oscar-winner/30 Seconds to Mars frontman Jared Leto as its star and producer. A direct sequel to 2010's Tron: Legacy—reportedly titled Tron: Ascension—was shelved in 2015. The Hollywood Reporter says the new idea is a reboot, although it's purely in the "exploratory stage."
"Leto would play a character named Ares, who has not appeared on screen before but was a key player in [the scrapped Tron 3] script," according to THR.
Earlier this week, Tron: Legacy director Joseph Kosinski revealed in a live Q&A, "I guess I can say that Tron 3 is in cryogenic freeze. So, it’s there. It’s not dead. It’s alive, but it’s sitting there, waiting for the right time to move forward."
The original Tron premiered in 1982.
Leto has been scooping up movie work left and right. He's playing Andy Warhol in a biopic written by Terence Winter (The Wolf of Wall Street, The Sopranos) and will feature in Blade Runner 2049 (so he's already got experience with '80s-launched series being revived in the new millennium).
Just a couple weeks ago, news arrived that Leto will make his directorial debut with 77, a police thriller set in 1974 (confusing) L.A. and centering around the famous kidnapping of Patty Hearst. He's also playing producer.
Watch a 2014 interview with Jared Leto and his 30 Seconds to Mars dudes: